China Specialty Gas Market Size & Outlook, 2023-2028
China specialty gas market, 2016-2028 (US$M)
Related Markets
China specialty gas market highlights
- The China specialty gas market generated a revenue of USD 1,575.5 million in 2023 and is expected to reach USD 2,727.7 million by 2028.
- The China market is expected to grow at a CAGR of 11.6% from 2024 to 2028.
- In terms of segment, carbon gases was the largest revenue generating product in 2023.
- Ultra-High Purity Gases is the most lucrative product segment registering the fastest growth during the forecast period.
Specialty gas market data book summary
| Market revenue in 2023 | USD 1,575.5 million |
| Market revenue in 2028 | USD 2,727.7 million |
| Growth rate | 11.6% (CAGR from 2023 to 2028) |
| Largest segment | Carbon gases |
| Fastest growing segment | Ultra-High Purity Gases |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ultra-High Purity Gases, Noble Gases, Carbon Gases, Halogen Gases |
| Key market players worldwide | Air Products & Chemicals Inc, Air Liquide SA, Linde PLC, Nippon Sanso Holdings Corp, Wesfarmers Ltd, Resonac Holdings Corp |
Other key industry trends
- In terms of revenue, China accounted for 13.7% of the global specialty gas market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China specialty gas market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,687.2 million by 2028.
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Specialty Gas Market Scope
Specialty Gas Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China specialty gas market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to specialty gas market will help companies and investors design strategic landscapes.
Carbon gases was the largest segment with a revenue share of 26.23% in 2023. Horizon Databook has segmented the China specialty gas market based on ultra-high purity gases, noble gases, carbon gases, halogen gases covering the revenue growth of each sub-segment from 2016 to 2028.
- China Specialty Gas Product Outlook (Revenue, USD Million, 2016-2028)
- Ultra-High Purity Gases
- Noble Gases
- Carbon Gases
- Halogen Gases
- Others
- China Specialty Gas Application Outlook (Revenue, USD Million, 2016-2028)
- Manufacturing
- Electronics
- Healthcare
- Institutions
- Others
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Target buyers of China specialty gas market databook
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Our clientele includes a mix of specialty gas market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China specialty gas market , including forecasts for subscribers. This country databook contains high-level insights into China specialty gas market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
China specialty gas market size, by product, 2016-2028 (US$M)
China Specialty Gas Market Outlook Share, 2023 & 2028 (US$M)
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